What Is the Primary Reason That So Many New Businesses

question 75

Multiple Choice

What is the primary reason that so many new businesses fail?

• A) Owner does not work hard enough
• B) Mismanagement resulting from lack of business know-how
• C) Low employee quality for new businesses
• D) Lack of brand-name recognition
• E) Inability to compete with well-established brand names

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Definitions:

Dual System

Refers to theories that explain phenomena as the result of two distinct, typically interacting, systems or processes.

LH

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Sociocultural Theory

A theory that emphasizes how an individual's development is influenced by social interactions and the culture they are a part of.

Bulimia

An eating disorder characterized by episodes of binge eating followed by compensatory behaviors, such as vomiting, to prevent weight gain.